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Search Results 0 to 4 of about 5 (some duplicates have been removed)
NBC
Nov 12, 2012 12:30am PST
on wall street. if if toward thought they would get a bounce after the election, they thought wrong. president obama's second term victory was greeted with stocks worst day of the year. the dow fell 300 points on wednesday and triple-digits on thursday and and the markets were mixed on friday. bond rating agency moody's reiterated the possibility of a downgrade if america goes over the fiscal cliff but said it would wa wait after budget negotiations. a downgrade will make it more expensive for the united states to borrow money. >>> superstorm sandy would provide an economic boost to the auto industry. 250,000 new and used cars may have been ruined by sandy. a loss that could eventually lead to a spike in auto sales. overall consumer borrowing expanded in september but at a slower pace than the previous month. a sign buyers may be pulling back on credit card purchases. this is an important point because consumer and consumer spending make up two-thirds of the u.s. economy. >>> what will a second term for president obama mean to the economy? will we see compromise or fall over the fis
Search Results 0 to 4 of about 5 (some duplicates have been removed)